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HCCD reportedly in talks to sell land to Gulf investors
Gulf investors are reportedly interested in HCCD’s land bank, assets: The state-owned parent of Heliopolis Housing is in talks with…
THIS EVENING: HCCD is in talks with Gulf investors + Turkey has averted its Ever Given
Good afternoon, beautiful people: The news flow at home is continuing at a crawl though there’s plenty happening abroad, with…
More love for Shubeik Lubeik + High praise for the IMF agreement
It’s a mixed bag for mentions of Egypt in the foreign press this morning. The prizewinning graphic novel Shubeik Lubeik…
More shakeouts, down rounds and M&A for startups in 2023 — but investors are still bullish
More challenges to come for startups in 2023: Our year in review on StartupLand in 2022 recapped the biggest trends…
Shoukry in Riyadh + Italian investment incoming?
Shoukry in Riyadh for talks: Foreign Minister Sameh Shoukry discussed a number of regional crises with his Saudi counterpart Prince…
Are you a party to the contract? No? Then you can’t sue.
The Supreme Constitutional Court has upheld the Appeals Against State Contracts Act, rejecting a case that sought to have the…
Five state + military-owned companies added to pre-IPO fund
The Sovereign Fund of Egypt (SFE) has added five state- and military-owned companies to its pre-IPO fund as the government…
THIS EVENING: BdC, Safi, Wataniya, and others added to SFE’s pre-IPO fund + EGP ends the day slightly up against the USD
Good afternoon, wonderful people. We’ve made it to the end of what proved itself to be quite the eventful week.…
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